Buying or selling a home? All Seasons Real Estate, Inc can help.

With some up-front planning, purchasing a home isn't that difficult, but the event is stressful for many people. I like to furnish buyers with a road map of the entire deal so they understand exactly what to expect. These are my nine steps to buying a home. When you're ready to get started, simply contact me here or e-mail me at . I'm glad to address any questions you have about this information.

Step 1 – Get ready to buy a home
There are many things you should do before you start looking for a home. You'll want to create an outline of items you want to have, plan for what neighborhoods and school districts you'd like to live in, and begin working on your budget. Ensuring your mortgage payment is less than a third of your net monthly income is a good principle to adhere to.

Step 2 – Connect with a real estate agent
That's where I come in. We can schedule a time to meet so we can talk about why you want to buy a home and get an idea of your plans for the future. We'll discuss the mortgage and housing industries, other economic factors that might affect your purchase today or in the future, as well as neighborhoods and schools in the Covina area.

I'll also help you get started on your loan. There are some great mortgage professionals in Covina, and I work with a lot of them, so you'll be in great hands. They can help you determine which kind of loan is best for you, as well as help you get qualified.

Step 3 – Begin looking for a house
After our first meeting, I'll start looking for homes on the market that meet your needs. I'll get a sneak peek of most of the homes and remove the bad ones, and then we'll book appointments to view the houses at a time that's convenient for you.

When we tour houses, I'll show you the good features, as well as bad ones. I'll also ask you to point out what things you like and dislike. It's pretty common for buyers to revise their must-have list as we view homes and some things become more crucial than others. If that happens, I'll search all the listings once again and narrow it down to the house of your dreams.

Step 4 – Understand the housing market
My awareness of the Covina housing market is a leading factor in your house search. I am acquainted with all the neighborhoods and schools, and I will let you know certain neighborhoods are "hot" and call for immediate action and the ones that are "cold" and allow for thoughtful consideration.

When we tour homes, I'll let you know when the asking price has room for bargaining and when I think the home is "priced to sell." When working with an agent, be on guard and be sure to ask a lot of questions. Any REALTOR will tell you they truly understand the housing market. If things don't add up, contact me at (626) 339-0697 or e-mail me at , and I'd be happy to answer any questions you might have. My knowledge of the market will keep you a step above the rest through the entire process.

Step 5 – Find the house you've been looking for
I'm sure we'll find the home of your dreams in Covina. When we do, I'll precisely create your home purchase offer. The offer will be tailored with your needs in mind and the home, including a lot of contingencies, such as acquiring financing, completing the home inspection, and a clean title.

Upon sending in your offer, you'll need to present "earnest money." This is a cash deposit made to a home seller to secure the offer to purchase the property and is usually applied to the closing costs. If the offer is accepted, we should close on the property about 30 to 60 days afterward. This allows sufficient time for your mortgage financing.

Step 6 – Negotiate the deal
Most deals don't close on the beginning offer – it's widely common to receive a counter offer. But don't let it alarm you. We'll talk over whether or not to consent to the counter offer, submit our own counter offer, or refuse the seller's offer and move on.

Market circumstances determine how aggressively we negotiate the deal. In addition, we'll work within your financing limits. And at the end of the day, we'll assemble a deal that's best for you.

Step 7 – Get financing
After we sign the final contract, you'll start working with your lender to close the loan. If you've been pre-approved, this won't take much time at all, but you need to stay in close contact with your lender. And I'll deal with all the property information your mortgage lender needs to close the loan.

Step 8 – Close the deal
You'll get a Loan Estimate (LE) outlining your closing costs from your lender within three days of getting your loan application. The estimate rests on the loan amount. RESPA requirements mandate that it has to include all closing costs and be within a strict range of accuracy, and I'll study the estimate and let you know if it all looks permissible.

Then we'll close on your home. This will most likely occur at a title company or escrow office and will likely be a smooth and relaxing occasion.

Step 9 – Move in
Congratulations! Now you can move into your new house. Enjoy it. And if you need anything, make sure you contact me at (626) 339-0697 or e-mail me at .

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